Topic: Bitcoin will be the furture currency-Encryption currency will be more safe (Read 620 times)
April 16, 2015, 08:44:09 AM
What' more, Biticoin is not that safe as you say, People's wallet got hacked everyday, a international exchange could be hacked too, the value of Bitcoin is not that stable as a currency should do, so, Bitcoin is really not that safe to be accepted as currency.
April 16, 2015, 08:13:46 AM
Maybe Biticoin will not last longer, however, encryption currency owns strong life, perhaps, the government will use more safe electronic money instead of paper currency. Will it be OK?
No it will not. The whole point of Bitcoin is the blockchain and how no one can print money randomly, which the government can do. Also Bitcoin will never die, everyone here will die before Bitcoin does. Deal with the facts. 
April 16, 2015, 06:34:14 AM
The government will issue and use a currency they control.
bitcoin can be contorlled easily, if they want, it just a matter of buying many and contorl the market, which is the same thing in the end, or they could buy a strong and big farm and control the network
Yes of course, unfortunately bitcoin can suffer this type of 'attack' if a government wants to buy a lot of bitcoin nobody can stop it. They can buy slowly, and reach to control the 45% of bitcoin (in circulation) and after may cause a new totally crash of value.
April 16, 2015, 06:30:42 AM
People buy and use BTC because it is decentralized and if Governments issue a currency then there wont be any difference between paper and electronic currency because they will control the majority of money supply.
Exactly and that would mean that the currency would be regulated..or deregulated at the governments whims and we will go through recessions like crazy all over again...so its best that Bitcoin remains Decenteralized.
April 16, 2015, 06:30:27 AM
The government will issue and use a currency they control.
bitcoin can be contorlled easily, if they want, it just a matter of buying many and control the market, which is the same thing in the end, or they could buy a strong and big farm and control the network
April 16, 2015, 06:28:34 AM
People buy and use BTC because it is decentralized and if Governments issue a currency then there wont be any difference between paper and electronic currency because they will control the majority of money supply.
April 16, 2015, 05:37:40 AM
Maybe Biticoin will not last longer, however, encryption currency owns strong life, perhaps, the government will use more safe electronic money instead of paper currency. Will it be OK?
No that's not OK. A govt controlled crypto is the straight way to full financial control and surveillance. Cards on steroids.
April 16, 2015, 05:22:54 AM
The government will issue and use a currency they control.
The currency is still centralized fiat money, even they apply cryptography concept, which is still completely different from the concept of bitcoin. Probably they can combine the level of our existing banking system and the low transaction fee of cryptocurrency. 
April 16, 2015, 05:04:04 AM
Crypto Money is more than technology , It's about trust .
If bitcoin dead then people will not believe blockchain based crypto currencies . No other cryptos will successed unless bitcoin successed first .
If bitcoin dead then people will not believe blockchain based crypto currencies . No other cryptos will successed unless bitcoin successed first .
April 16, 2015, 04:31:40 AM
Maybe Biticoin will not last longer, however, encryption currency owns strong life, perhaps, the government will use more safe electronic money instead of paper currency. Will it be OK?
No. It won't be ok. It will just abomination worse in my eyes than FIATs are now. I would never trust government issued cryptocurrency, but the worst part is - it will probably happen in the future and we will say goodbye to bitcoin and will be forced to accept crypto dollar. 
April 16, 2015, 04:24:39 AM
The government will issue and use a currency they control.
April 16, 2015, 04:23:16 AM
Maybe Biticoin will not last longer, however, encryption currency owns strong life, perhaps, the government will use more safe electronic money instead of paper currency. Will it be OK?
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